Zapp and WorldPay enter strategic partnership

UK-based mobile payment brand Zapp and WorldPay have announced a strategic partnership that will plan to make Zapp’s mobile payment solution available to WorldPay’s thousands of merchants. Zapp’s digital-first approach to payments means that WorldPay’s merchants will benefit from smoother checkouts, lower fraud and lower cost of sales.

Zapp can be integrated into merchant online and mobile checkouts easily and can be used at the point of sale for NFC, QR code or any other system that a retailer has implemented. For consumers, Zapp can be embedded in current mobile banking applications so they can quickly and easily access mobile payments from a trusted source without new logins or passwords. Consumers can check their balance before paying for goods and services, thereby staying in control of their finances.

The strategic partnership between Zapp and WorldPay commits both organisations to working together to optimise the Zapp solution and to make Zapp available to merchants in 2014.

Ron Kalifa, Deputy Chairman of WorldPay, commented, “WorldPay is focused on providing our customers with access to as many different payment types as possible. It’s vital for businesses in the UK to have access to a range of robust, secure and fast payment services, so mobile payments with Zapp will be another great option for our customers.”

Related reading

Agents need to be aware of new types of fraud and understand how to reduce their incidence and impact. If they don’t, they could find themselves outsmarted and out of pocket. By Anthony Hynes, Managing Director and CEO, eNett International.

In a world where nearly everyone is buying and selling on a mobile device, how on earth do you make sense of all the noise, clutter and blurring of spaces and faces? The excitement of the mobile age comes with its problems – one of the worst being fraud. By Stephen Ufford, CEO, Trulioo.

Traditionally, the banking industry has often struggled to make quick technical advancements so in some cases it is unsurprising that older systems are holding them back. By Kyle Ferguson, Chief Executive Officer, Fraedom.

In a world where nearly everyone is buying and selling on a mobile device, how on earth do you make sense of all the noise, clutter and blurring of spaces and faces? The excitement of the mobile age comes with its problems – one of the worst being fraud. By Stephen Ufford, CEO, Trulioo.